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See how verdicts work1-bedroom flat · LE4 7WA
Listing removedListed 186 daysAuction 27 May · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*For Sale by Auction on 27th May 2026 commencing at 05:00 pm* Leasehold. One bedroom first floor studio flat within a block, having electric heating and double glazing.
Ideal for owner occupier or rental investor.
Location The flat is located off the main A563 Troon Way, within a mainly residential location providing easy access with the main M1 & M69 motorway networks via the outer ring road.
Accommodation Communal entrance area leading to flat: First Floor Flat: Lounge/bedroom, kitchen, dressing room leading to shower room with WC. Tenure Leasehold with vacant possession.
We have been informed by the sellers that the flat is held on a lease for a term of 120 years from 1981.
There is a ground rent & landlord's services payable of £390.71 per annum which includes buildings insurance (Please refer to legal documentation).
Rent Achievable £600.00 per calendar month exclusive (£7,200.00 per annum).
Note Purchasers are to be made aware that an additional charge of £950.00 + VAT will be collected on completion by the seller to cover costs incurred in selling the property.
The completion date will be on or before eight weeks following exchange of contracts. Energy Performance Certificate EPC Rating D Solicitors tml Solicitors, 87 London Road, Leicester, LE2 0PF.
Tel: Ref: D.Mahet) Email: *Please do not hesitate to contact our office on should you wish to arrange a viewing, request an Auction catalogue or to be placed on our mailing list for future Auctions* note: Properties can be purchased prior to Auction
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 17, Longhurst Close, Leicester
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